Cable 'excluded' from 55% of market
Cable Bahamas is currently excluded from 55 per cent of the Bahamian communications market, a senior executive arguing it should be “in top spot” to gain the second cellular licence.
Immigration fees 'violate' private pilot Rights Bill
Immigration overtime fees are “violating” the ‘Bill of Rights’ that governs how this nation treats visiting private pilots, a well-known guide for Caribbean aviators has charged.
Port operator sizes up multi million export opportunities
The Arawak Port Development Company (APD) is assessing multi-million dollar development opportunities beyond this nation’s borders, as it moves to “significantly raise the bar” for all Bahamian port operations.
BFSB, regulator gain a 'captive' audience
The Bahamas Financial Services Board (BFSB) and the Insurance Commission of the Bahamas (ICB) attended the annual Risk & Insurance Management Society [RIMS] conference that took place in Denver from April 27 - 30.
BORCO extracts higher rate from largest customer
The Bahamas Oil Refining Company (BORCO) has retained its largest storage customer through a long-term agreement that will yield higher rates, its parent has revealed.
Bahamian firm partnering with China travel agency
A Bahamian company has announced it will work with a Chinese travel agency to boost luxury visitors, and will support the latter’s newly-launched initiative linking Key West and this nation.
Top retailer fearing 'out of sight' prices
A leading food retailer has warned Bahamian consumers to brace for further price increases resulting from global supply shortages, with pork and beef costs potentially rising 10-12 per cent.
Central Bank urged to probe ATM fees
A well-known Bahamian Facebook group is asking the Central Bank of the Bahamas to examine the Automatic Teller Machine (ATM) fees levied locally when customers use the machines at another bank.
Consultant calls for six-month VAT 'pilot'
THE Government should implement an “across the board” Value-Added Tax (VAT) rate of 10 per cent, a leading small business consultant suggesting the tax be implemented via a six-month pilot programme beginning in January 2015.
Manufacturer demands 150% water import duty
THE Government should set tariffs as high as 150 per cent on imported bottled water, a local manufacturer arguing that “hundreds of jobs” could be created from such a policy.
Baha Mar demanding $337k from Breezes
Baha Mar is demanding that the Supreme Court order SuperClubs Breezes to pay it more than $337,000 in alleged past-due rent and wastewater treatment expenses, plus compensate it for expenses associated with environmental clean-up.
Breezes in land swap battle with Baha Mar
SuperClubs Breezes and Baha Mar are embroiled in a furious legal battle over a land swap agreement that is critical to the $2.6 billion Cable Beach redevelopment, with replacement of a “toxic” wastewater treatment plant at the dispute’s heart.
Leno principal loses CFAL dismissal appeal
Leno Corporate Services’s principal yesterday lost the latest stage of his legal battle against former employer, Colina Financial Advisors (CFAL), after failing to show his termination was “anything other than redundancy”.
Tax Coalition chief: 2015 reform 'doable'
A Tax Coalition co-chair yesterday said the implementation of a new taxation system in 2015 was “totally doable” given the right collaboration between government, the public and private sector, reiterating that tax reform without fiscal reform would “only address the symptom and not the core issues”.
Bahamas' private pilot policy in total chaos
The Bahamas’ policy towards the multi-million dollar private pilot market was in total chaos last night, with Customs and Immigration line staff totally unaware of recently-issued marketing materials promising no overtime fee charges.
